Plan Snapshot
- Plan Sponsor: Calvert Internal Medicine Group, P.A.
- Sponsor EIN: 521365400
- Sponsor Address: 985 PRINCE FREDERICK BLVD., PRINCE FREDERICK, MD, 20678
- Plan Type: 401(k)
- Total Participants: 123
- Total Assets: $42.0M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 123 | $42.0M | $266,923 | $892,588 |
| 2023 | 118 | $35.7M | $835,153 | $777,923 |
| 2022 | 98 | $29.9M | $666,204 | $665,541 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| NEWPORT GROUP CONSULTING, LLC | ADVISOR | $66,377 | — | $66,377 |
| NEWPORT GROUP, INC. | RECORDKEEPER | $24,751 | — | $24,751 |
| NEWPORT TRUST COMPANY | TRUSTEE | $11,549 | — | $11,549 |
| MULLEN,SONDBERG,WIMBISH&STONE,P.A | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NEWPORT GROUP CONSULTING, LLC — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $102,677
- Estimated Expense Ratio: 0.244% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $102,677 | $66,377 | $17,796 | — | — |
| 2023 | $56,447 | $42,526 | $360 | — | — |
| 2022 | $48,047 | $16,950 | $21,304 | — | $9,793 |